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Thread: Obama Makes New Budget Sales Pitch; GOP Strikes Back

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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Quote Originally Posted by winston53660 View Post
    They have cake mixes in the stores don't they? Just add some milk and eggs....
    Kids don't need no stinkin' nutrition!!! Wouldn't that money be better spent doubling the tax breaks for the super rich???
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    Quote Originally Posted by Catawba View Post
    Kids don't need no stinkin' nutrition!!! Wouldn't that money be better spent doubling the tax breaks for the super rich???
    1). Why would nutrition be a federal government responsibility?
    2) You don't "spend money on" tax breaks.

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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Quote Originally Posted by Neomalthusian View Post
    1). Why would nutrition be a federal government responsibility?
    2) You don't "spend money on" tax breaks.
    Lack of tax receipts created debt which the GOP then say the poor have to pay for. That is the cost of tax breaks for the rich.

    In lieu of a living wage, it makes more sense to spend a little to help people rise out of poverty than it does to spend more for the rest of their life.

    Why would you choose to continue to trap people in taxpayer supported welfare?
    Last edited by Catawba; 02-13-12 at 09:17 PM.
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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Quote Originally Posted by Catawba View Post
    Lack of tax receipts created debt which the GOP then say the poor have to pay for. That is the cost of tax breaks for the rich.
    False. The Bush tax cuts for the rich, which are now the Obama tax cuts for the rich, cost $81 billion per year. 2011 deficit was $1,300,000,000,000. Subtract that $81 billion and the deficit for 2011 becomes a much more manageable $1,219,000,000,000. So, no, increasing taxes on the rich, while soothing for the burning envy of the left, basically amount to a rounding error.

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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Quote Originally Posted by Fletch View Post
    False. The Bush tax cuts for the rich, which are now the Obama tax cuts for the rich, cost $81 billion per year. 2011 deficit was $1,300,000,000,000. Subtract that $81 billion and the deficit for 2011 becomes a much more manageable $1,219,000,000,000. So, no, increasing taxes on the rich, while soothing for the burning envy of the left, basically amount to a rounding error.
    I said lack of tax receipts created debt. I didn't say it was the sole cause of the debt. See the difference?


    The Bush tax cuts for the rich cost us $11.6 million dollars every hour
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Quote Originally Posted by Neomalthusian View Post
    1). Why would nutrition be a federal government responsibility?

    I bet Marie Antoinette would have something to say about that.

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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Quote Originally Posted by Catawba View Post
    I said lack of tax receipts created debt. I didn't say it was the sole cause of the debt. See the difference?
    No.


    Two things: First, the Bush tax cuts expired at the end of 2010. Obama and the democratic congress voted to extend them for two more years. That makes them the Obama tax cuts. Second, the deficit is growing by about $4 billion per day, or $167 million per hour. Take away that $11. 6 and we are down to $155 million per hour. Now what?

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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Quote Originally Posted by Fletch View Post
    No.
    In your mind, something either has to the cause of all of the debt or none of it???


    Two things: First, the Bush tax cuts expired at the end of 2010.
    No, they didn't, they were extended temporarily because the GOP was threatening to withhold unemployment payments unless the Bush tax cuts were continued. The Democrats even put up a bill to discontinue them for those that made over $250,000 and the GOP filibustered it down.

    Second, the deficit is growing by about $4 billion per day, or $167 million per hour. Take away that $11. 6 and we are down to $155 million per hour. Now what?
    Then we cut our excessive military spending back to defense spending only, re-regulate the banks that caused the financial meltdown, increase the cap on SS to $180,000, and upgrade our health care system as every other industrialized country has done.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Quote Originally Posted by Catawba View Post
    Kids don't need no stinkin' nutrition!!! Wouldn't that money be better spent doubling the tax breaks for the super rich???
    Or an increase in the tax subsidy of the Chevy Volt from $7500/car to $10,000/car; truly a worthy undertaking that benefits the poor. Or cutting the DC school voucher system which is outperforming the hell out of the DC public system on every available metric including cost per student, graduation rates, literacy rates, attendance and college entry after high school. The more we look into this budget the more we are going to see partisan winners and losers---thats an opinion and a prediction.

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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Quote Originally Posted by Catawba View Post
    LOL! Most of our debt is from 30 years of Reaganomics.
    You are conflating "debt" with "deficit."

    The stimulus was required to prevent the Bush Recession from turning into the Bush Depression.
    And why is spending still at the same level three years after the supposed one-time "stimulus"?


    The seniors did not create the last 30 years of debt, but if you think you can garner votes from them for your plan to make them pay for it, knock yourself out!
    No idea what you're talking about.
    “Offing those rich pigs with their own forks and knives, and then eating a meal in the same room, far out! The Weathermen dig Charles Manson.”-- Bernadine Dohrn

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